Tangible book value per share

Description

Tangible book value per share (TVBPS) helps to evaluate the company’s assets removing intangible assets, because such assets are hard to evaluate correctly. Data to calculate this ratio is collected from statement of retained earnings and balance sheet.

Norms and limitations

There are no general norms for this ratio.

This ratio should be considered along with the other financial ratios, as it only shows a limited view of the company's situation.